If you are planning to dispose of a capital asset (such as a share of a business, stocks and shares or a property), Anderson Phillips’ services can assist you.
Upon realising the proceeds from the sale of your business, you should be able to maximise the net return by minimising the capital gains tax (CGT) on sale.
CGT is charged on the difference you paid for an asset and what you receive when it is sold, taking into account any annual CGT exemption you may have available.
Our advisers can ensure you make the most of any CGT reliefs and exemptions that are available.
For more information, please contact us.